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Thailand to Impose VAT on Low-Value Imports, Effective May 2024

  • Thai Government planning to introduce value-added tax on low-value consignments
  • Legislation being drafted to lower exemption for low-value goods imports to THB1 from THB1,500
  • Measure would be effective from May if approved by lawmakers

Source: answerconnect.cch.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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